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NEW YORK, Nov 21 (Reuters) - The Securities and Exchange Commission has sent subpoenas to interdealer credit derivative brokers relating to the trading of credit default swaps on financial companies in September, sources said. The move follows a ...
Read moreCHICAGO, Nov 21 (Reuters) - Volatility is expected to stay the course for the remainder of 2008 and possibly beyond, as stock market gyrations remain the common theme due to fears over the unknown depth of the U.S. economic downturn. The heightened ...
Read moreStocks rallied Friday afternoon on reports that President-elect Barack Obama selected New York Federal Reserve chief Timothy Geithner to be Treasury Secretary. The Dow Jones Industrial Average already traded in a broad range Friday, including both ...
Read moreNov. 18 (Bloomberg) -- The yen rose for a third day against the euro as growing evidence of a recession in the world's largest economies prompted investors to sell higher-yielding assets and pay back low-cost loans in Japan's currency. The yen also ...
Read moreNov. 18 (Bloomberg) -- The dollar rose against the euro and the yen on speculation overseas investors are buying more of the safest U.S. assets as the global economy enters a recession. The greenback gained before the Treasury releases data that will ...
Read moreSINGAPORE, Sept 15 (Reuters) - The U.S. dollar tumbled in Asian trade on Monday as Lehman Brothers (LEH.N: Quote , Profile , Research ) said it would file for bankruptcy, heightening concerns over the U.S. financial system's stability and sparking ...
Read moreNov 14 - US Dollar Still the Safe Haven of Choice, Fed Meeting Minutes Present Event Risk Next Week Nov 14 - Euro Consolidates as Economy Expectedly Falls Into Recession, Will U.S. Retail Sales Spark Volatility? Nov 14 - US Dollar: Retail Sales ...
Read moreNEW YORK - The dollar traded mostly lower in New York Wednesday after a report showed contraction in the U.S. services industry and as markets geared up for interest-rate cuts in Europe. The stabilizing effect of the U.S. election outcome should also ...
Read moreSINGAPORE (Dow Jones)--Asian stock markets have plunged Friday with investors scrambling to sell after Wall Street dropped on concerns about the health of the U.S. financial sector and the broader economy. Traders say retail investors are heavy ...
Read moreSINGAPORE (Dow Jones)--Asian share markets were on the rise Friday after a large intraday turnaround on Wall Street, though caution before the weekend was likely to limit the gains. Analysts were also quick to point out the negatives which remained ...
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